Back 08 Aug 2025

HGH Holdings 1H2025: Expects net profit vs prior-year loss; capacity ramp-up and project commencements drive turnaround

Link: https://links.sgx.com/1.0.0/corporate-announcements/0LZDK75ML5H6P1SG/5f9f04232082b2b81c0e353839c8ba32e9e16608e2a5897e8120602faafa4824

Summary:

  • Guidance: The Group expects to report a net profit for 1H2025, reversing a net loss in 1H2024.

  • Drivers: Start-up of a newly completed ready-mixed concrete plant with larger production capacity; commencement of delayed projects in underground cable installations and road reinstatement.

  • Timing: Unaudited 1H2025 results to be released on or before 14 August 2025.

  • Caution: Shareholders and investors advised to exercise caution when trading the Company’s securities.

  1. https://links.sgx.com/FileOpen/HGH_Profit%20Guidance.ashx?App=Announcement&FileID=854831